PPP Loan information for The 242 network

$19,270

The 242 network was initially approved for PPP Loan of amount $19,270, the current approved amount is $19,270. The loan was approved on 07/24/2020 by The Cadence Bank reported 9 jobs and $19,270 was used to fund payroll.

The 242 network is New Business or 2 years or less

PPP Loan Search / MS / HERNANDO / The 242 network

THE 242 NETWORK

Date Approved

07/24/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE 242 NETWORK

Borrower Address

1100 MCINGVALE RD

Borrower City

HERNANDO

Borrower State

MS

Borrower Zip

38632-8978

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19270.00

Current Approval Amount

19270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HERNANDO

Project County Name

DESOTO

Project State

MS

Project Zip

38632-8978

CD

MS-01

Jobs Reported

9

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19270.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

19356.72

Forgiveness Date

01/07/2021

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